Sweden: 2021 Article IV Consultation-Press Release; and Staff Report

March 25, 2021

Preview Citation

Format: Chicago

Sweden: 2021 Article IV Consultation-Press Release; and Staff Report, (USA: International Monetary Fund, 2021) accessed December 21, 2024

Summary

Sweden entered the pandemic with substantial buffers and suffered a relatively shallow recession in 2020. The decline in output was moderated by substantial income and liquidity support as well as structural features of the economy. Sweden’s initial less stringent containment strategy seems to have altered the timing of the economic fallout, which intensified towards the middle of the year. This fallout has particularly impacted the youth and foreign-born. Economic recovery is projected over the next two years, but uncertainty has increased due to the new strains of the virus and slow vaccination.

Subject: Economic and financial statistics, Environment, Financial crises, Fiscal policy, Government finance statistics, Greenhouse gas emissions, International organization, Monetary policy, Public debt

Keywords: Global, Government finance statistics, Greenhouse gas emissions, IMF staff calculation, Liability positions vis-à-vis nonresident, Monetary policy stance, Money market rate, Statistics Sweden

Publication Details

Pages:

41
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/061
Stock No:

1SWEEA2021001
ISBN:

9781513574684
ISSN:

1934-7685

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